Ntect | Industry profile

Administrative and support services
Industry profile, February 2020

Sections: Description | Pricing | Costs | Demand | Appendix

This page is an industry profile for the Administrative and support services industry. It provides a general economic overview of recent developments in the industry. This includes information on industry pricing, costs, and demand. Below you will find a description of what type of business establishments are included in this industry. For information on how to best utilize this industry profile please visit our Business Solutions.

Industry Description

Industries in the Administrative and Support Services subsector group establishments engaged in activities that support the day-to-day operations of other organizations. The processes employed in this sector (e.g., general management, personnel administration, clerical activities, cleaning activities) are often integral parts of the activities of establishments found in all sectors of the economy. The establishments classified in this subsector have specialization in one or more of these activities and can, therefore, provide services to clients in a variety of industries and, in some cases, to households. The individual industries of this subsector are defined on the basis of the particular process that they are engaged in and the particular services they provide.

This industry description was sourced from the North American Industry Classification System.

Industry Pricing

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As of January 2020, prices in this industry had decreased 0.1 percent since the previous quarter.
From January 2019 to January 2020 prices in this industry decreased 1.3 percent.
Prices increased 1.6 percent in the five year period starting in January 2015 and ending in January 2020.

-0.1%
From the previous quarter ¹

-1.3%
From the previous year ¹

+1.6%
From five years ago ¹

Industry Costs

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As of January 2020, costs in this industry had 0 percent since the previous quarter.
From January 2019 to January 2020 costs in this industry increased 1.3 percent.
Costs increased 8.1 percent in the five year period starting in January 2015 and ending in January 2020.

0%
From the previous quarter ³

+1.3%
From the previous year ³

+8.1%
From five years ago ³

For details on which industries are included in each sector, click here

The largest cost for this industry is purchases made to the Labor sector. This sector accounts for 52.3% of the industry's overall costs.
From January 2019 to January 2020, the largest change in costs for this industry were costs associated with purchases to the Professional, Scientific, and Technical Services sector. Costs associated with this sector increased 3%.

**Major Industry Costs by Sector**
Sector Name	Percentage of Costs	Annual Percent Change ⁴
Labor	52.3%	+1.6%
Administrative and Support and Waste Management and Remediation Services	8.5%	-0.2%
Professional, Scientific, and Technical Services	8.2%	+3%
Manufacturing	7%	+1.1%
Management of Companies and Enterprises	5.6%	+0.2%

Industry Demand

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As of July 2019, demand for this industry had increased 0.8 percent since the previous quarter.
From July 2018 to January 2020 costs in this industry increased 3.4 percent.
Costs increased 21.7 percent in the five year period starting in July 2014 and ending in July 2019.

+0.8%
From the previous quarter ⁴

+3.4%
From the previous year ⁴

+21.7%
From five years ago ⁴